+
+

Related Products

  • IUX
    930 Ratings
    Visit Website
  • Capitalcore
    87 Ratings
    Visit Website
  • BYDFi
    5,934 Ratings
    Visit Website
  • eToro
    31,958 Ratings
    Visit Website
  • TradingView Stock Widgets
    16 Ratings
    Visit Website
  • Summ
    792 Ratings
    Visit Website
  • DXcharts
    28 Ratings
    Visit Website
  • MEXC
    188,765 Ratings
    Visit Website
  • Sharesight
    566 Ratings
    Visit Website
  • Vehicle Acquisition Network (VAN)
    54 Ratings
    Visit Website

About

Discover a world of opportunities and immerse yourself in a diverse range of +250 tradable assets: forex pairs, commodities, indexes and much more. Get the tightest spread and the highest flexibility with our platform: you are not just trading, you are navigating a vast ocean of possibilities. Our streamlined account setup process ensures you can start trading quickly and hassle-free. No more waiting for days to get started; we prioritize your time and convenience We're committed to providing you with the most competitive trading costs in the industry. Our low fees mean more of your hard-earned money stays in your pocket. Join our vibrant trading community for free. Exchange insights, strategies, and market knowledge with fellow traders to enhance your skills and stay informed.

About

The decade of achievements, awards, and steady access to global financial markets for over four million traders. Create trading accounts, modify leverage, enable swap-free options, edit and restore passwords. Make deposits and withdrawals using the most popular payment options. View your detailed overall or account operation history, apply convenient filters to it and cancel your previous deposit. Start trading in a compatible trading platform app. View contest statistics and access your contest accounts. Activate bonuses and view statistics on active and completed bonuses. OctaFX Forex Broker ensures reliable Forex trading conditions to provide traders of all skill levels with an opportunity to earn more. OctaFX, one of the best Forex brokers on the market, for traders all round the world. OctaFX offers access to CFD trading, commodity trading and indices trading with award-winning Forex trading conditions.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Traders

Audience

Users looking for a Forex broker solution to get access to CFD trading, commodity trading and indices trading

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 2.7 / 5
ease 3.0 / 5
features 2.7 / 5
design 2.7 / 5
support 2.3 / 5

Reviews/Ratings

Overall 4.8 / 5
ease 4.8 / 5
features 4.8 / 5
design 4.4 / 5
support 4.9 / 5

Pros & Cons from Real Users

Pros

  • Offering different type of products and amazing team which is always on spot. I worked with Palmer for 3 months and everything was smooth, he helped me with all the requests that i had.
  • Mt5 is a good platform. At the start everything seems to look good until you try to withdraw money and realise their commissions
  • They use MT5 which seem to work reasonably well. Account managers are extremely nice over the phone but I suspect they try and make you trust them before they scam you.

Cons

  • No Mt4 that's the only downsize that i can see but not really a con.
  • The commission is insane. I made $928 and they took $531 of that. Very hard to get in touch to find out where your money is. Slow transactions out of the account.
  • Their account managers give fraudulent advice with high number of lots, to open exotic positions which have huge spreads. This eventually leads to low free margin which in turn requires hedging positions with similar high numbers of lots. Coupled with very high commissions and swaps, you eventually loose all your money. Initially I started with 10k, then 20k, and built it up to 50k. I then naively listened to thei expert to put in another 40k (to make it up to 100k, including their bonus) from which they promised a return of 20% per session. Fromm 100k I ended with 20 k after 3 hrs of their advice. The following day my account was wiped out. Please do not go near them if you value your money.

Pros & Cons from Real Users

Pros

  • Octa doesn’t charge any swap fees for overnight positions which means I can hold trades for weeks, and even months without losing anything on trading-costs, except for paying spreads. As a swing-positional trader I think it’s a game-changer because I believe big profits always are made from mid-term trades, I mean instead of sweating every day and trying to catch 1-2% profits, it’s better focus on something bigger, just opening a trade and leaving it for days or weeks until the price will be grown or fallen by 10-15% and that’s it. You made profits without worrying about every tick.
  • It’s been a year since I’ve been using the AI chart feature on their proprietary platform. I dunno how Octa managed to come up with such a cool tool because I see how other brokers are still behind them and lose competition. The way it analyzes my charts is indeed effective, just a few clicks, and there you go, you get a whole picture about what’s going on there...
  • Honestly, it’s pretty uncommon to come across trading conditions like those offered by Octa. Plus, it’s a relief to know that the broker is trustworthy and doesn’t demand a hefty deposit just to access those tight fees. They provide just one trading account, and that is more than enough to fit any trading strategy imho.
  • First thing to report that I liked is for sure special trading plaform - OctaTrader. It has AI tools that is helpful for trading. AI pattern recognition tool is a great additon. The app itself is user friendly too.
  • Support services are really nice, they answer quick most of the time. I hadonly positive experiences with live chat. and their own platform is packed with different features.

Cons

  • The design of the Octa trade app felt a little bit overwhelming because I needed to open guidelines to understand where and what buttons I have to click to open a chart, positions, and how to put stop losses and take profits. I mean it took a while to adjust to the platform’s functionality.
  • Sometimes spreads might be wider than usual, and ofc nobody likes that, but I hope they will be able to provide tighter spreads on cryptocurrencies, regarding forex pairs, they’re fine.
  • What I didn’t like was the commodity asset variation. They only have gold and silver, but where is crude oil or copper as an example?
  • I think they should update their education section. :D
  • Still has a drawback and its not enough asset, I think they can do like 1000+ assets so people have a wider selection.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Bullwaves
Seychelles
www.bullwaves.com

Company Information

OctaFX
Founded: 2012
St. Vincent and the Grenadines
www.octafx.com

Alternatives

Alternatives

Vantage

Vantage

Vantage Markets
Vantage

Vantage

Vantage Markets

Categories

Categories

Integrations

Bitcoin
MetaTrader 4
MetaTrader 5
Skrill

Integrations

Bitcoin
MetaTrader 4
MetaTrader 5
Skrill
Claim Bullwaves and update features and information
Claim Bullwaves and update features and information
Claim OctaFX and update features and information
Claim OctaFX and update features and information